SAFE has clarified a foreign debt FX conversion method, the State Council's AML commission has set criteria for monopoly agreement exemptions and fair market competition has been protected
This week China granted the U.S. more room to invest in PRC securities, the auto association fought for permanent tax breaks and Uber's rival Didi received the support of the country's largest insurer
China is slowly opening up the foreign credit card market, certain R&D reps have been permitted to market drugs and transparency of the New Third Board has been increased
The PBOC has aligned the offshore loan requirements of PRC and foreign enterprises and introduced a new formula for calculating debt quotas, opening the gates for Chinese companies to get cheaper funding abroad. 中国人民银行统一了对中国和外国企业的海外贷款要求,并推出全新公式来计算债务限额,为中国公司提供机会来获取更廉价的海外融资。
This week the negative list was mentioned as a priority in the upcoming U.S.-China treaty negotiations, a Guangdong factory hub struggled in the economic restructuring and Nestle redirected its online sales strategy